Attention homeowners in Burlingame and San Mateo County: Get an Appraisal today!

Here are the top seven reasons CA homeowners call on Johnney Chen:

  1. Find the right listing price (whether they're selling the home themselves or using a real estate agent)
  2. To challenge a CA property tax assessment
  3. To cut their mortgage payment by removing PMI
  4. Reinstate your Home Equity Line of Credit (or HELOC)
  5. To review a different appraiser's report for verification
  6. In the case of a CA divorce, where property needs to be divided
  7. Settle an estate in CA by determining the true market value of real estate in question

Need help determining the value of your house in or near Burlingame, CA?
Contact Johnney Chen.

We at Johnney Chen understand the individual needs of a consumer looking for appraisal services. Our business practices and reporting formats are familiar to our business clients like banks, attorneys, and CPAs. Being a consumer that ordinarily doesn't see an appraisal on a regular basis,you will receive extra guidance and explanations through the appraisal process to more fully understand what we do and how we document our conclusions.

For-Sale-By-Owner (FSBO) / Pre-Listing Services

It's very hard to be objective about your own home because of your emotional attachment to it. The professional appraisers at Johnney Chen will tell you what you need to know -- not just what you want to hear. We are objective. In addition to helping you set a realistic price to sell at so your house will attract buyers, a professional appraisal is very crucial as a negotiating tool once you have a likely buyer. It gives you something concrete to show the buyer. It's an independent third party's opinion of your property's value, and not just you saying how much your home is worth. Potential buyers assume that you have an emotional attachment to your home and will be much more likely to give credibility to an expert appraiser's value report than yours.

PMI Removal Appraisals

Getting the PMI (Private Mortgage Insurance) canceled from your mortgage loan is an attractive money saver for homeowners. Your monthly payments will go down once your mortgage loan is down below 80% of the value of your home. In most cases you can apply to your lender to have the PMI canceled from your loan. We're veterans in helping consumers just like you do away with unnecessary PMI insurance.

Challenge San Mateo county's assessment of your property

Your local tax assessor may have your house overvalued if you live in a region that is declining. This only means you're paying higher taxes than you should be paying. The quicker you take care of a matter like this, the better, since your property assessment may likely go up again in the next period. Getting an appraisal from Johnney Chen is your best weapon when challenging your property tax assessment.

Recently got a freeze your HELOC?

Your lender may just decide to automatically freeze your home equity line of credit (HELOC) if your house is in or near a declining area -- even if your specific property has not declined in value. Not only can this be troublesome from a cash flow point of view, but it can be damaging to your credit score since it may appear as though that credit line is maxed out. Johnney Chen can help you reinstate your HELOC.

Field and Desktop Appraisal Review Services

Do you need an expert to double-check your appraisal for preciseness, or do you desire a second opinion without the expense and delay of waiting for a whole new appraisal? An appraiser from Johnney Chen can go out and check the subject and comps in a field review. Or, if you're in a hurry, we can provide you with a desk review and verify as many facts as we can using online data sources as well as our own files.

We can also provide a retrospective review of any appraisal report you may have had done before. While typically requested by banks, you may desire to take advantage of this service if you suspect mortgage fraud related to your property.